Debate House Prices


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Whither wages (and hence inflation and interest rates)?

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Comments

  • GreatApe
    GreatApe Posts: 4,452 Forumite
    What hardening of wages? They went up 2.1% compared to inflation of 2.6%
  • economic
    economic Posts: 3,002 Forumite
    GreatApe wrote: »
    What hardening of wages? They went up 2.1% compared to inflation of 2.6%

    yeh. wages still declining real terms. which means nominal rates likely to stay lower for longer. i need to get a new mortgage product out end of year, not sure whether to go for tracker or fixed. im thinking tracker.
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